There are lot of people who are out there needing to learn it all from scratch. Several investors have to state that they are able to change their mind about Ripple (XRP) after listening to the interview.
For those who do not know anything about Ripple will get a recap of regulations, green, fast, cheap, banks, and bridge currency. Regarding the regulatory clarity discussed in the podcast people have to state that it doesn’t sound like regulatory clarity will change anytime soon so perhaps the follow up podcast will be from different countries.
Pomp Tweeted: “New episode with @bgarlinghouse is live. We discuss crypto regulation, the US approach vs. other jurisdictions, whether Ripple would leave the US, how the SEC & OCC affect regulation, and what a Biden presidency could look like for crypto. Enjoy.”
Brad Garlinghouse in the interview pointed to the Chinese concentration of Bitcoin. When someone was pointing to the going long in crypto like Bitcoin one of the users stated, for the same reason everyone doesn’t have practical use for a Lamborghini, but they continue to sell the shit out of them for people that “think” they need to have one; however, this idea is a bit too much of oversimplification. BTC is a completely different deal when compared to what Ripple (XRP) are focusing to provide users with.
Listeners of the podcast mentioned that in the interview, it just looked like Apompliano was trying to ignore the possibilities and facts which can adversely affect BTC, which is his favorite investment.
Regarding the show Brad Garlinghouse expressed, Always great catching up with Apompliano. Even if we don’t agree on everything, I appreciate and welcome the healthy discourse.
Sydney Ifergan, the crypto expert tweeted: “Ripple (XRP) users were going Ga…Ga… about the expression on the question of the four BTC miners and called it priceless in the Pompliano and Brad Garlinghouse Interview.”
Ripple (XRP) Not Security and Lack of PayPal Support
Brad stated that it is his very strong opinion to look at XRP as a security and also that he has made lot of public opinions as to why it is the case. He also stated, if XRP were deemed a security here in the United States, where you have other major G20 markets that are taking a different view, I have never heard any market globally that takes XRP as a security. He also pointed to how PayPal did not support XRP for lack of regulatory clarity.